Latest / Simply Bitcoin / Peter McCormack | Inside Bitcoin Media | Simply Bitcoin IRL

Transcript

Peter McCormack | Inside Bitcoin Media | Simply Bitcoin IRL · Simply Bitcoin

0:05
Yo, welcome to another episode of Simply Bitcoin IRL.
0:09
Today, we have Peter McCormack the biggest Bitcoin podcaster in
0:14
the world right now. So really interesting, really,
0:17
really interested in getting to this conversation as a content
0:20
creator myself. So really looking forward to
0:22
this episode in particular, but before we start the show, I want
0:26
to give a shout-out to the awesome.
0:27
Bitcoin companies that make this show possible Swan Bitcoin.com
0:31
best place to build your Bitcoin stack and also Check out their
0:35
new product new product Swan Ira, so check out Swan
0:39
Bitcoin.com today and of course the biggest Bitcoin Conference
0:42
of the Year Bitcoin 2023. It's going to be hosted in sunny
0:45
sunny, Miami Beach, Florida, May 18th through the 20th 20, 23
0:48
promo, code simply anyways, no more delay.
0:52
Hey, Peter are you doing? What up, dude?
0:54
How you doing? Good, bro.
0:56
So how you been I saw that that your Club they won.
1:01
How crazy was that? Well, first of all, I've been
1:04
sick as Dog man. I've been so rough.
1:08
I think it might have been just like everything that happened
1:11
last week a lot of partying lot of celebrating but I've been
1:14
sick but yeah, it's unbelievable.
1:16
It's unreal man. He's it's hard to put into words
1:21
because it was it like a year and a half ago, I bought them,
1:25
they came. I was like yeah we're going to
1:26
get in the Premier League and then you're like, okay we
1:29
actually need to go and win win the league and we did it.
1:32
We fucking did it. How many Li how many Legs.
1:35
Like so the Premier League is one what like, what league is
1:39
Bedford and right now we're ten. Okay, we're ten and so it's nine
1:45
promotions. Uh-huh.
1:47
I mean, get into the Premier League is ridiculous but get
1:51
into the football league. That's a realistic Target.
1:53
That's six promotions, get into the professional leagues, but
1:56
you got to get promotions to do it dude.
1:57
And, you know, every one of them is hard and we just did the
2:00
first one, unbelievable. It's unbelievable.
2:02
I'm so happy. Well, that's crazy.
2:04
The dude and I mean like it's good for Bitcoin I guess because
2:08
it gives the exposure. So yeah man we got a we had a
2:12
bunch of Bitcoins descend into Bedford last week, we had James
2:18
lavish, Jeff Booth, Lawrence lapad, we had been Arc, we had
2:24
Bradley Rattler and like people flew from all around the world,
2:28
motherfucking Bedford of all places to go.
2:31
They came to Bedford and we had a record Record crowd.
2:35
We lifted the trophy. And yeah, it's it's a very, you
2:40
know, it's my way of foot. I'm like football pinning,
2:43
people and orange putting them through football uniform.
2:46
Beautiful. Yeah, definitely on the mission.
2:49
Anyways dude. So you've been in content
2:52
creation for this dude. Dude, Edgar's in the chat,
2:57
right? Edgar is this motherfucker comes
2:59
over from Minneapolis, right? Like he comes over on the
3:03
Monday, he sees us win. League with the draw against am
3:06
too. He goes out drinking till I do,
3:09
like 4:00 in the morning with the girls from our girls team,
3:12
and then he just drinks every night and that he's there again
3:15
on Saturdays. There Friday, you parties all
3:17
week, he goes up into the Gantry and he commentates a bit with
3:21
the commentator. I think he had the he said and
3:25
he was like, yeah, it was either going to this or the conference
3:28
in Miami as like what you would do this instead of Miami.
3:32
I mean, I think it's definitely a big.
3:34
Deal, bro. It's definitely big deal gives
3:37
you know football is one of the most popular sports in the world
3:40
right? So if you do end up getting into
3:42
the Premier League and it's a in a giant Bitcoin logo on the
3:46
front, I don't know man. Feel good about it.
3:50
That's fucking good. Let's fucking go.
3:52
Anyways. All right man, so you've been in
3:54
Bitcoin content creation from the very beginning, you know,
3:58
from what was it? 20 years 2017, right?
4:01
Yeah, 2017. November 2017 episode 1 with the
4:08
Luke Martin. Did you ever think that it was
4:10
going to blow up the way it did? No.
4:17
But it's really hard to see it. How other people see it anyway
4:20
but it could you elaborate what you mean by that?
4:22
So you know how, you know how like every day you look in the
4:28
mirror, you look the same. But if you see yourself five
4:30
years ago, you look really different.
4:33
So you never really see what other people see.
4:37
So when you say blow up, I'm like I don't even know what you
4:40
mean. Like, I know people like the
4:42
show and there's a lot of people listen to it but I don't see
4:46
anything other than just me turn up and doing interviews with
4:49
other people. I mean, the numbers Peter and
4:51
numbers Peter, I mean mu definitely not aware of.
4:54
Let me know, you're definitely not.
4:56
Not aware of them. No, I know the numbers but like
5:02
I mean what do you say? I feel very lucky man.
5:07
You know what? Dude, I feel very lucky.
5:09
It's you do it. You know, it's like the coolest
5:11
job in the world. You get to cut.
5:12
Go and hang out with really cool.
5:14
Smart people talk about Bitcoin the economy.
5:18
Get to talk about cool shit. No, it's too dude.
5:21
For sure. I mean it's totally amazing.
5:23
It is the best job in the world. Super, super privileged.
5:26
I can't believe we get paid to do this.
5:28
Just literally blows my mind every single day but But you
5:33
know, I also think about the grind, right?
5:36
And you know, the first like this is going to be your three
5:40
for me you've been doing this for quite a bit longer, but the
5:44
first year, man, first year to was just like so many doubts in
5:50
your head. You're like, why am I doing
5:51
this? You know, and then it's just
5:52
kind of like powering through and then the exponential start
5:56
to hit and then you're just like holy cow, this is nuts.
6:00
So do that grinds Rough man. People don't know what it's
6:03
like. I remember when I used to I used
6:05
to fly out to New York and I do for interviews and then, when
6:11
I'm done with an interview, I'd got to my hotel room and then
6:13
I'll edit it and then I'll prep for the interview the next day
6:16
and then I would fly to, I don't know, fucking Ohio, and then
6:20
I'll go and do two interviews, and then I'd add it, and then
6:23
I'd fly to Portland and then I'd find it and I would do, like,
6:27
six seven stops in. I don't know, two and a half
6:31
weeks and They come home and then every six weeks I do the
6:35
same again and that first year and a half of that all you know
6:38
all the words covid. It was hard.
6:40
It was long. And then then Danny came on
6:43
board and then it changed. Yeah, it was a grind and I was
6:46
losing money. Losing a lot of my lost.
6:48
I lost 100 Grand on the podcast. In the first two years, I was a
6:51
hundred grand down. I mean, but I mean, you invest
6:54
in yourself. I completely agree.
6:57
I literally, when you talk about the grind and then flying and
7:01
the traveling, And setting up and like going to the different
7:05
locations like opt he's in backstage right now.
7:09
We know exactly what you're talking about man.
7:10
It's like the most brutal thing and then there's something about
7:14
content creation. That I don't think a lot of
7:16
people are aware of but once you do one of these interviews it
7:19
really takes your like it takes a part of your soul.
7:22
I like it just drips it out and you know you kind of lose like a
7:26
part of your energy that day. Like it is really really
7:29
exhausting. We do it.
7:31
We do them in Sprint so We'll go somewhere for like 10 to 15 days
7:34
one week. I don't know, 20 shows and
7:36
there's like most days. We're making two sometimes
7:39
three. But we're even in a to show day,
7:41
sometimes, I'm like Danny, you got to spread them apart.
7:43
I need like a three hour gap and then, when we're done, I need to
7:47
go lay down for an hour and just get your energy back because
7:51
because that two hours you haven't, it's basically gonna
7:54
spend two hours trying to keep a conversation.
7:57
Going listen to what they're saying while trying to have a
8:01
good response but knowing Like if the conversation goes dead,
8:04
there, you got to take it somewhere else because there's a
8:06
lot of concentration for 42 hours.
8:08
It's I've, I prefer to be the interior like, I hate this show.
8:11
I hate being interviewed. I prefer to be the interviewer,
8:14
but it's a lot easier to be interview because you stopped
8:18
answering when you want to, like I'm done.
8:20
You have to you over to you, man.
8:22
Definitely, it's tiring. It's interesting that you say
8:26
that, because I prefer to be interviewed because it's
8:28
autopilot, you know, like the interviewers what you said
8:31
you're responsible for The entertainment value of the show
8:34
where you have to get people engaged, you know, and then
8:36
there's some guests that are just they do the job for you.
8:39
And then there's some guests where you have to put in a lot
8:42
of work, right to make that particular conversation engaging
8:46
when they given you like. So, the way I explained is if
8:49
you're interviewing someone for an hour and they give you 30
8:52
second answers, you need mmm. A lot of questions.
8:56
What's that 40? Quite well?
8:57
A 60. How many is that?
9:00
60 minutes that's like 100, you need 100?
9:01
So, Right. Whereas some people you can give
9:04
a question they talked for ten minutes.
9:06
Yeah my last time I interviewed Michael sailor.
9:09
He spoke for 45 minutes off the first question 45 minutes.
9:14
It's amazing shit, it's amazing, it's amazing.
9:18
No yeah obviously it wasn't sailor but who was it recently?
9:23
It was lavish and Foss and I think I spoke five minutes and
9:29
it was an hour long conversation and you're just like okay this
9:32
is great. Wait, you guys did my job and
9:34
then you see it in the comments like you did great hosting
9:36
Niko's like sure? Okay, I'll take, I'll take it.
9:39
I'll tell you. What's all them.
9:40
And anyways, so one of the things that I want to talk to
9:46
you about Peter was, you know, as we've been getting bigger to
9:51
our surprise, the amount of hate bro that we've been getting is
9:57
just I guess I didn't. I guess we didn't see it before
10:01
and then I'm kind of Like it's stuck in this position where
10:03
it's kind of like what did I do to you.
10:06
Why do you hate me so much? And that's something that we've
10:10
been enduring, probably like this is like a probably, you
10:14
know, some simply really start taking off like six seven months
10:17
ago, you get, hey, yes. We're starting to get hate bro.
10:21
And it's and it's just, and it's just crazy.
10:23
And it's like, why do you hate me so much?
10:25
What did I do to you? Why do you why do you think that
10:28
I'm a fake Bitcoin? Or?
10:29
Why do you think that I'm this? Why do you think that I'm that?
10:32
And to me it freaking fascinates me because I'm just like, okay,
10:36
wait a second. So it's not Red vs.
10:40
Blue. It's not like, you know, left
10:42
first, right. A lot of people get stuck in
10:45
that, like, dichotomy of that, some of that it's green versus
10:48
orange, right? It's literally the central
10:49
Bankers verse bitcoiners. Like, that's literally how I see
10:52
it at this point. And I see the in fighting man.
10:55
And I don't think, I just don't know how how to approach the
11:01
show. In a better way for not to get
11:05
hate. So I guess the question to you,
11:06
is that part of the process? Is that normal?
11:09
What have you experienced particularly, man?
11:12
I've had so much. It used to bother me.
11:14
I've got a lot of thoughts of this.
11:16
Firstly, congratulations. Because if you get in hate, it
11:21
means you've been successful. So congratulations.
11:23
You made it fucking great. Great work.
11:25
Nico if you if you, if you don't want any hate, then be
11:29
unsuccessful and then we know went like, so there's that.
11:33
Secondly, basically when there's hate its you versus a loser.
11:39
Usually, it's some fucking degenerate loser, who hates his
11:43
life and he sees you out there doing some cool shit and it's
11:47
like you're holding up a mirror. You basically look how much of a
11:50
fucking loser, you are. And that's why they're losing
11:52
their shit at you. You know, they've got bad
11:54
parents or they raised badly or they don't understand how to be
11:58
civil. They don't understand like
12:00
people see the world differently from them.
12:02
Fucking losers. So that's that's another part.
12:05
And then I would say learned like I took me awhile for this,
12:09
learn to not give a fuck. You should see my YouTube.
12:12
Like all day, every day is like you're a stage curved.
12:15
You're a fat motherfucker, you're fucking idiot.
12:18
I hate you. I hate your face.
12:19
I hope you get cancer like, honestly English, right?
12:22
Yeah, but it's funny man. It's funny.
12:25
You know, you get that was his that fucking idiot Dieter Bob.
12:29
He was the one, like there was a turning point for me.
12:31
I remember he came out he said, Said, I hope you get cancer and
12:34
die like your mother. That's what he said, because my
12:36
mother died of cancer. And I was like, he trying to get
12:38
me fired, bro. He tried to get one of our
12:41
sponsors. Drop us, you know, you'd like
12:43
he's a former alcoholic ignore him.
12:46
Listen, when that happened. I realized like, you know, I
12:49
actually just felt sorry for him.
12:52
Yeah, you can't hurt me with that.
12:53
You can do you know how you hurt me.
12:54
Is we go, you know what, Pete? I listened to show all the time
12:57
and this interview did I really didn't like as a shit?
13:01
Because that person matters. But that person who like listens
13:04
to your show all the time and they're upset by the things you
13:07
didn't do a job that they matter because they're one of your
13:09
customers or the others don't know.
13:11
It's like all the people right now.
13:13
Given David Bailey, shit about Bitcoin magazine, right?
13:15
All the shit he's getting, they are these customers, they are
13:19
going to the conference, they would never go into the
13:20
conference and so all or they're the kind of people who their
13:24
entire brand is built off. Hating everyone for not being
13:27
perfect. They're basically the commie bit
13:29
quite a view if you come across the commie bitcoiners dude.
13:32
I I mean, this is a conversation that I've had with Abdi at
13:37
length, which is this idea of what I feel, like the
13:41
demonization of trying to have ambition and trying to succeed
13:48
and trying to build. Because at the end of the day,
13:50
what what is this? You're trying to build a
13:52
business, right? And somehow that's demonized,
13:55
right? And then, what is the other
13:57
Avenue? Like, what is the other?
13:59
The other way of approaching this?
14:00
The other way of approaching this is you do that.
14:02
You do? For free, but it's if you do it
14:04
for free, the incentives are not aligned and that's not a
14:06
sustainable model feedback, good make money.
14:09
Listen, Jeff Booth would say, are they making Bitcoin
14:11
stronger? So Gemini, great sponsor of
14:15
mine, love them. I really good to me.
14:18
I understand some people don't like them because they store
14:20
shit coins. We never promote their shit
14:22
coins, we just promote their Bitcoins.
14:24
I use our exchange exchange is very good for buying Bitcoin,
14:26
right? Some people don't like what
14:28
happens then with Genesis, perhaps they made a mistake, do
14:31
you have to talk to them about that?
14:33
But I worked with them because they're a great place to buy
14:35
Bitcoin. Oh, I like it, are they making
14:37
Bitcoin stronger or weaker? They're definitely not making it
14:39
weaker. Yeah, definitely.
14:42
Not making it weaker. So like, don't fucking worry
14:44
about these people. If you're working hard, meet
14:46
bank, I mean, so and and again, like so the way that I see it,
14:50
Peter Wright is that's a business decision, right?
14:53
That's a business decision for your particular podcast, right?
14:56
Obviously, you know, it Everyone's entitled to make
15:00
their own different business decisions for how Approach it,
15:03
right? And I think at the end of the,
15:05
at the end of the day, the free market is really going to decide
15:09
what the free market decides, right.
15:11
So, you know personally, right, you know, we stick to, you know,
15:15
I personally work at Swan and we stick to know Bitcoin only
15:18
exchange and Swan but cone only stops well sponsors.
15:21
But again, that's just our business model.
15:24
That's how that's how we approach it through them.
15:26
Who am I to judge what you are doing, right?
15:30
And that's kind of like the angle, which is a more
15:32
libertarian. Well which I think a lot of
15:34
bitcoiners are supposed, is that the whole point, right?
15:37
It's like to Live and Let Live so Nico, stay away from the call
15:42
me bitcoiners they are they are there hilariously is.
15:46
It's like it's so ironic is funny.
15:49
They basically, they don't like anyone who makes any money.
15:53
They basically want everyone to have the same amount of money
15:55
each. They don't, like, people have
15:57
certain opinions. They want to hold them back for
15:59
having certain opinions. They want to control people.
16:01
It's like that. Have you seen the We do meme
16:03
where it's like the libertarian and then when you pull off, the
16:06
hat is a right-wing authoritarian.
16:08
That's basically what they are. They're basically right-wing
16:11
commies. I just don't think the I just
16:14
don't. And again of course, I'm
16:15
generalizing here in are trying to specific to anybody but like
16:19
I just don't think they're fully aware of what they're advocating
16:23
for the system that they're advocating for, right?
16:26
Like I'm a full-fledged capitalist, I'm Unapologetic,
16:30
right? And I wear it on my chest.
16:33
Just right, like in and I think that's fine, right?
16:35
You're providing value, right? You spending hours and hours and
16:39
hours and hours, grinding and trying to perfect your craft
16:42
Peter. I know what you, I know, you
16:44
know what I'm talking about because you have some of the
16:46
best production in the business. Right?
16:48
And that's incredibly expensive and it's incredibly difficult to
16:52
do. So like the way that I'm looking
16:54
at it is like. So like if you put in all this
16:57
work you've definitely influence people you've definitely help
17:01
people Peter I know that you get it.
17:03
The messages, I get messages all the time.
17:04
There's like Nico. Thank you.
17:06
You've helped me on my orange pill journey and distance and
17:08
that. So you definitely, I feel like
17:10
I'm providing at least some type of value.
17:13
Isn't it fair to be compensated for that?
17:16
Like why is it, why is it wrong to be compensated for the amount
17:19
of work and energy that you're putting into your craft?
17:22
And like, that's the part that I don't understand, right?
17:25
It's like, why is that villainized?
17:28
You know, and then it's like, okay then you can make the
17:30
argument fine. It's because of The particular
17:33
sponsors or it's because of this and because of that that's a
17:36
business decision, that's an individual's business decision.
17:39
If you don't like what they do, go shop someplace else, and
17:43
that's kind of like the way that I view it but yeah, she knows,
17:49
you know what's worse than getting loads of hate?
17:52
What nobody knowing you exist. I'm telling you if that's right
17:59
when anyone doesn't podcast, they say to me, I'm starting to
18:02
get. Hey, I'm like I said to him.
18:03
Congratulations man, you make it as made it same with my football
18:07
team, right? As soon as we started being
18:09
successful, we got hate there, are people out there who just
18:12
are so bitter. Other people are successful.
18:14
They're so good. So envious, they hate the fact
18:17
and they just have to throw hay out there.
18:19
Just screwed up, they need to go to therapy.
18:22
They need to go back and blame their parents for raising them
18:26
badly. They need to blame God for the
18:29
bad roll of the dice. They got whatever it is.
18:31
It's made him so miserable at live but these people are
18:33
fucking losers and you know many people give me shit, you know.
18:36
I'll go to the any conference. You know how many people
18:38
actually give me shit in real life it's happened like twice
18:42
once in Germany and once in Austin and that's like the and
18:46
you know I respect those people because at least in the bollocks
18:48
to do it in person, Nobody Does it in person.
18:51
They do it all online. They're pussies, just don't
18:53
worry about it. Just go make money, ignore them.
18:57
Yeah yeah no and it's and I completely agree.
19:00
It's always it's always underhanded stuff.
19:04
Anyways, I really enjoyed that. Okay.
19:08
So Peter you obviously you dedicate your life to making
19:12
Bitcoin media, things have changed tremendously, the
19:15
production value has changed. Everyone's kind of approaching
19:18
it differently, you know, it's fascinating to watch right, you
19:22
know. Breedlove's getting a certain
19:24
way burnell's hitting in a certain way.
19:26
Swans. Hitting it a certain way you
19:28
know, simply hitting it a certain way Bitcoin magazines a
19:31
certain way. So, it's obviously developing
19:33
none of this existed, 2017, 2018, right?
19:38
So that's not exactly true. Man.
19:40
What's flourish in existed and whatever people think about her?
19:45
So I don't even know. I don't even know who she is.
19:47
I don't know. Like, who is unchanged?
19:49
Have the podcast Unchained. Okay.
19:51
And so she was She was like the biggest podcast or when I
19:54
started she's crypto and Bitcoin and she's learnt more into the
20:00
Crypt over the years. But she covered a lot of Bitcoin
20:02
stuff when I first got into and I've reached out to her and she
20:05
helped me a lot. She gave me a lot of advice.
20:07
She was brilliant, but she had a show and then prior to her,
20:12
obviously we have Bitcoin uncensored.
20:13
But that was like that. Predated me.
20:15
But we are so many podcasts now, there's so many good ones.
20:18
I mean yeah. Are you real or some names that
20:21
I think, I think Natalie. The best.
20:23
We've got, I think she's the most natural speaker and
20:26
Bitcoin. I absolutely love and adore her
20:28
breedlove's, doing his thing, man.
20:30
If you want to get deep going with Breedlove, I think.
20:33
Marty and Matt Odell do and exits.
20:36
So many people doing it. And you know why?
20:38
This so-called look how many people have made a job out of
20:41
having conversations about Bitcoin, how fucking cool is
20:43
that dude, it's absolutely. It's absolutely Bonkers, man.
20:47
But yeah, I guess, you know, maybe I framed it in correctly,
20:52
I think. Ink.
20:53
I think the crypto crypto / Bitcoin media existed but I
20:58
think what we're really seeing is the rise of Bitcoin only
21:01
media and not only the rise of that it being sustainable in
21:05
itself, right? Which I think is freaking
21:08
awesome right Bitcoin only channels Bitcoin only content
21:14
and I think that's really really, really cool.
21:16
Where does it go from here? You know because at the end of
21:19
the day like you know that your podcasting numbers are huge but
21:22
Video wise, I think the only reason because the only reason
21:27
this is the biggest Bitcoin YouTube channel right now is
21:29
because he rebranded, he went from Trading Trader University
21:32
to bitcoin University and now he kind of took the top seat but
21:36
you know none of the Bitcoin only content creators are
21:40
breaking 250k. So that tells me that Bitcoin
21:43
media is really in its infancy. At least in the video format.
21:47
Yeah. So we I mean we do video but I
21:50
don't care for it too much really.
21:52
Why is that? Because it's also nice
21:56
especially since it takes you a lot dude to do what you do.
22:00
Yeah. But we're always going to do the
22:01
interviews in person, right? So what because that's my thing,
22:05
right? I prefer an interview person.
22:07
I think it's a better interview for me.
22:08
I just enjoy it more. And so while we were there, we
22:11
might as well set up some cameras and dirt, but the, the
22:16
YouTube audience is quite transient and not so loyal.
22:20
So if you go I don't know if you look at that.
22:22
How about you? Look at the numbers, but Find
22:24
the audio podcast, listeners are more loyal.
22:27
They want to, they probably listen to on average more shows
22:29
and they listen to more of a show.
22:31
And so on the business side, it's just easier to monetize
22:34
that audience. I also don't play the YouTube
22:39
game, you know, I don't I don't have my banner saying because
22:45
going to 250,000, ah, like I don't do that.
22:48
Shit is his a graphic of the person.
22:50
The name of the show is what it is and so I don't play the
22:53
YouTube game and the I think a lot of people do pump, does it a
22:55
little bit in his own way? He's still my buddy, but he
23:00
doesn't a little bit, but I just I don't play that you to game
23:04
but in in the ball Mark is it will grow.
23:06
But I think the next step is elevating them Beyond being
23:10
Bitcoin only show. Like I wish I hadn't called it
23:13
what Bitcoin did. I wish I'd done my staff on a
23:15
very just called it. The people call Mac Show because
23:17
it'd be easier to do non Bitcoin content but that's the next step
23:20
is where. Bye I mean, so we I mean I don't
23:26
even think my by the way - a big Ledger, I think it's a macro
23:29
show with a Bitcoin lens and the reason I think that is I can get
23:33
some macros. Hold on, let's dive into that
23:36
topic real quick. All right about, it's not even a
23:38
big coin show. Okay, so this is this, this is
23:40
the evolution, right? So it's like Bitcoin Tech,
23:43
whatever and then all of a sudden it becomes macro
23:46
geopolitics. Yeah.
23:48
That's literally what we've become as well.
23:50
It's like it's like, it's You know, it's the the banner it's
23:54
the thing, it's bhikkhu you Bitcoin in the title but it's
23:56
like you're looking at the world through the lens of Bitcoin and
23:59
you're covering very, very heavy subjects that are not
24:03
necessarily all about Bitcoin but they're kind of our.
24:06
So I've got this slide in my in my deck where I take you through
24:09
the sponsor and I just said like this is where I see the
24:12
evolution of Bitcoin first. It was about the tech is just
24:17
like this is called Tech and it was the Geeks and the Nerds and
24:20
then it was true. Edible.
24:22
So then it became about price and commerce and what you could
24:26
do it, then it became about is integration with macro.
24:29
And now it's becoming more about is integration with governance
24:32
and then the last step is cultural the interracial culture
24:34
and these things bleed over with each other, but you'll see it
24:38
when you make your shows you know what guess you're getting
24:40
you know what numbers you're doing?
24:43
I think if I have James lavish Greg Force, Lynn Alden, Luke
24:49
womenn, Doom Berg, all these People Jeff Schneider, all these
24:54
people them coming on the show, The Numbers blow up and duel in
24:57
Olden. Show is going to do 120 130
25:00
thousand downloads right and get Adam back on and it's 60,000.
25:04
And that's no disrespect to Adam bad, but the dude was cited in
25:06
the white paper. It's yeah, if you have a choice
25:10
about hearing about macro or have a choice about hearing
25:12
about some deep Bitcoin subject people want macro I think the
25:16
reason they want it as it relates to their life they
25:18
already get Bitcoin they understand Bitcoin what why they
25:21
need a wise burn them. But they want to know this kind
25:23
of like deeper relationship that because Bitcoin has with the
25:27
rest of the world like culturally politically and
25:31
economically. And so I think that's where
25:33
we're going. And the next big Bitcoin podcast
25:36
that it won't be a bit coin show.
25:37
It went a bit coin in the name. They will just be a Bitcoin.
25:40
Yeah. Yeah, I agree.
25:43
I mean damn. So I guess we're screwed in
25:47
France adapt or die. Nico.
25:50
That's the thing. You gotta adapt or die.
25:52
Die. Oh man.
25:53
But no. So yeah I've had some sleepless
25:56
nights on it as well, right? Which is you know, you start off
25:59
because of course it's Bitcoin and then you start to think
26:02
about it and you're like you know if we're right about this
26:04
and that yeah I think I think we are, right.
26:09
Then, you know, everyone's in be already, orange pills.
26:12
Everyone's already going to be talking about Bitcoin and then
26:14
it kind of evolved Xin to the. I hate using the word politics
26:20
but like a politics I think governance.
26:23
Yeah, politics / macro /, etc, etc and I completely agree.
26:29
The macro heavyweights are Lawrence James boss, you get
26:34
them on a video. You get them on on a show and
26:38
And that shows going to do numbers and you put them
26:40
together. It's multiply that by 10, right?
26:43
There's up. So yeah, just like we did this
26:47
live event here in Bedford the other day and we had Jeff Booth
26:50
Lawrence been Arc and lavish here in Bedford right announce
26:56
the about a month before I happened hundred fifty people
26:59
made their way to Little Old Bedford and came to this event,
27:03
and we're like, this was cool. If we planned a lot in advance,
27:05
we can make it bigger. So we're going to do a whole
27:07
full. Since next year in Bedford live,
27:10
600 people. And when I look at who I'm
27:13
getting in, its Yet, I want gladstein here, I want Jack,
27:19
malice, I want Leonard and I want pressed a shy.
27:21
One troy cross, I want Matthew Pines, you know, whether I agree
27:26
with him or not, I want Jason Lowry, it's Bitcoin as elevated
27:30
Beyond those conversations that were happening like 23 years
27:34
ago. Yeah, someone like Lynyrd
27:38
undertaken Bitcoin somewhere, where you thought safety in
27:40
would have taken it but he didn't safety.
27:42
Never took it there. He kept it.
27:44
It he kind of came out with his book, such an important book for
27:49
Bitcoin, such an important book for people coming into Bitcoin
27:52
but he never took any further, he stayed there, he said that
27:55
level and you got these Lynn orders who are taking these
27:57
ideas even further. Yeah, Lynn's ability to read
28:02
every situation is unbelievable and add that Bitcoin lens to it
28:07
and Larry is the same Jeff Booth, Jeff actually think Jeff
28:10
Booth, Jeff Booth I think has made the most important.
28:14
About Bitcoin. But it takes a long time to
28:17
realize why he made the most important talk about Bitcoin.
28:19
He more than anyone has made me understand why Bitcoin matters
28:24
and and so these are the people. These are the people are taking
28:27
back on to that next level. And by the way, after them,
28:30
there will be people who come after them, who people take it
28:32
to the cultural layer, which is everyone, which could be a
28:36
Steve-O or a Joe Rogan. Whoever like, if Joe Rogan got
28:39
it, like, actually got it, we're all fucking screwed.
28:42
Yeah. I mean, did you did you see Tim?
28:44
Did you see of course, you saw Tim?
28:46
Did you see that same cast clip? That was fighting around
28:49
Twitter. Don't worry, come out.
28:51
Okay, so there's a Tim clot. There is a Tim cast clip that
28:55
basically went viral of him. Admitting the fact that
28:59
basically he is, 90% orange build is one of the most popular
29:03
live shows on YouTube and he's basically admitting it.
29:07
Look at what's happening in El Salvador, I should have listened
29:10
to Max Keiser. Why?
29:12
Didn't I buy Bitcoins specifically?
29:15
Oh yeah. That came out like a month ago,
29:16
right? Yeah.
29:17
No. No, it happened again.
29:19
Yeah. Right.
29:19
He just had Alex Jones on. I think it was like last week or
29:22
two and my girlfriend watches, the Tim cast podcast and then
29:26
she sends me the clip, she's like, Nico, take a look at this.
29:28
I mean. How long is it?
29:30
Optical? We played.
29:31
I think it's like a minute, right?
29:33
If it's too long, I don't want to play it anyways.
29:36
But yeah. So you're saying we're screwed,
29:39
if they if they become If they these people take it.
29:44
We're screwed. Listen to us.
29:46
We fucked prove. You're going to get in.
29:49
Oh man. Okay, so actually have the clip
29:51
if you want to take a look. Yeah, let's have a look.
29:53
All right. Simple and you know, a lot of
29:56
people are wondering what to do and it's like have a family, get
30:00
out of the cities and make money.
30:01
Get the chickens, yeah man, be more self-sufficient, allocate
30:06
your money properly II. Can I can hear Max Keiser
30:10
screaming, buy Bitcoin, move by Salvador, I don't know about
30:14
moving House On The Backs. Wants me personally though I
30:17
think crypto is another venue. If everybody listen to this
30:21
show, 12 years ago, bought Bitcoin, the culture War would
30:25
be over because you would have millions of Bitcoin
30:30
millionaires, controlling industry, and snapping their
30:33
fingers and just doing whatever they want.
30:35
I think a lot of it is is an example of how little faith
30:38
people have in the u.s. dollar. All right.
30:39
That's why cryptos doing this elephant there.
30:42
He still doesn't get it if you'd be, so that's bullshit.
30:53
He has an interest but he's interested.
30:56
Really in it or is it is it like?
30:58
Oh I regret it. I should have bought it.
31:01
Does he really get it? I don't know.
31:02
I don't think so. I don't think you could.
31:05
I don't think you could fully grasp a coin in.
31:07
Typical you go through a cycle. Like you pay your do get your
31:11
blood huddle. Yeah, you yourself not on a
31:15
business level. I think it's impossible to run a
31:16
business right now on bitcoin. I think it's just, it's just too
31:21
crazy. Yeah.
31:22
I think for a saving for personal savings, of course,
31:26
right? You yourself are in a Bitcoin
31:27
standard. I don't think you can get it
31:30
until you do that. Like I think you could read as
31:32
much as you want, but until you cross that final Bridge or open
31:36
that final door, I think it's in pot.
31:38
You could totally get it conceptually but you don't
31:41
truly, truly get it in your heart, you need a whole cycle.
31:44
You need a whole cycle because you need to go through that,
31:47
that 10 x 5x in net wealth to go.
31:50
Okay, I can now afford to fuck up.
31:52
I can now afford to fuck up. I can now I can now go a little
31:56
bit more loose. Yeah, you need that full cycle.
31:59
Tim doesn't get it. Tim is also firmly embedded
32:02
within the culture war, and there's monetizing, the cultural
32:04
war is absolutely monetized. It form a liberal now right-wing
32:10
conspiracy theorist, actual conspiracy theorists, he pushed
32:13
a lot of that bullshit from the 2020 election, but whatever it's
32:17
called, but he's yeah. Yeah he's part of the culture
32:21
War. I mean so the way that I look at
32:25
it here's here's my frame right which is like there are a lot of
32:30
people are in fighting between the left and the right like it's
32:33
very predominant in the United States right now and the way
32:36
that we look at it is look it's not Red vs.
32:39
Blue, it's green verse of orange like a lot of people are wasting
32:42
time, you know because what they're look, this is what
32:46
happens right? The left does something the
32:49
right reacts calls the left, crazy etc, etc.
32:52
Etc. But what is the actual solution?
32:55
Both sides proposed its voting but voting doesn't fix like the
33:00
core fundamental issue as to why people are in doing these
33:04
economic hardships, which I believe are the reasons as to
33:07
why we are, people are pissed off in the first place, which is
33:11
the money stealing from everybody, right?
33:13
We get we get poorer, whoever gets voted in, correct.
33:16
It doesn't matter who gets vote. It doesn't matter whether it's
33:19
by Donald Trump, who wins the next election, you're gonna get
33:22
poor. They're going to promote fucking
33:23
money. Yeah, to we're going to get
33:25
poorer. The election cycle is
33:27
mismatched, it's completely misaligned to the economic
33:31
Cycles doesn't work. It just doesn't fucking work.
33:34
And so yeah, listen, I'm like everyone on a journey with this.
33:39
And a journey of learning I've been very vocal about the fact.
33:45
I'm a fan of democracy. So with all his failings, I like
33:47
the fact I can stand outside parliament in this UK and call
33:50
the girl, the Prime Minister, I can't.
33:52
And I won't get tortured or poisoned, I like that, I like
33:56
that there's relative and I say relative with a big kind of
34:00
Warning free press as in. I'm not going to get shot in the
34:04
head in the UK for writing, a critical article against the
34:06
Prime Minister, but at the same time, I'm not voting anymore.
34:10
I don't vote for these motherfuckers.
34:12
I've seen, yeah, I was listening to the radio today.
34:15
This was driven, they're talking about inflation on the radio
34:17
today. And so they had some lady on the
34:19
phone. She's saying, she's 6 years old
34:21
and her husband, 60 years, Old and they're so broke now.
34:25
All they eat is jacket potatoes. Everything they don't see.
34:27
She said we don't have breakfast when I've laundry of a jacket
34:30
potato and beans in the evening and twice a week.
34:32
We have a bit of cheese because that's what we can afford.
34:34
She said at first, we were choosing between eating our home
34:36
and feet and heating a home and eating.
34:39
Now we only eat and it's once a day and and she's telling the
34:44
story and then she just breaks because she sounds quite like
34:47
funny at first when she's telling when she gets into the
34:49
detail. She starts crying.
34:51
She's done next, lady comes. Off.
34:53
It's a lady who's a nurse. Can't work extra shifts.
34:56
She's broke her mum's lending him money.
34:58
She's now not work. She's feeling sick.
35:00
All these motherfuckers have lost their money.
35:02
They've been crushed by the way that these parties of
35:05
irresponsibly borrowed and borrowed money and built up so
35:10
much debt. I mean our country, our country
35:12
in the UK then Todd told me there's our country spends 120
35:16
billion a year servicing debt interest this 171 billion on
35:21
education so We spend more money service in their overspending
35:25
then we do on educating our children any surprise.
35:28
We're fucked. So no fuck these people, I'm not
35:30
voting for The many of them, none of them get my vote.
35:33
Yeah. And did you see, did you
35:35
remember for it before I bring that up.
35:37
But you are voting. You're buying Bitcoin and you're
35:40
taking Bitcoin into self custody.
35:41
It's the strongest vote. You can make.
35:43
Yeah, listen, but I think a non vote is a vote, is part of a
35:47
revolution to say, fuck all your stuff.
35:50
Yeah. But then there's that very like
35:52
famous Greek quote, right? Which is like something like
35:55
look like, if you don't care about politics at cares,
35:57
something about you. Like don't you feel like if at
36:01
least like on the ground level, you need at the specially during
36:05
the transition period? Right.
36:07
You know, I think Bitcoin in the long run will make politics
36:10
irrelevant but I think during the transition period, do you
36:13
think it suits us? So I don't think it'd make their
36:15
one of them. I think it makes it a cat more
36:17
accountable. Mmm, okay.
36:19
Good. Elaborate about that.
36:21
What do you mean? So I think what firstly, you
36:24
can't print Bitcoin. So any form of governance will
36:28
have to be based on tighter stricter budgets.
36:32
So that's definitely going to have look.
36:33
We're not going to live in a world where it is in the UK.
36:36
There are 70 million people voluntarily, cooperating every
36:40
day with no structural hierarchy, hierarchies exists
36:43
everywhere and it will still be there.
36:44
There's a hierarchy in my house as a hierarchy in my business.
36:47
There's a hierarchy at my football club, there's a
36:49
hierarchy higher He's ever you need hierarchies you some people
36:52
need leading. Some people need to lead.
36:54
It's just the way the world is but will become more accountable
36:57
to the people who are voted in. To lead a group.
37:00
Whether it's a town, Village City, they will be accountable
37:04
and they won't be able to waste money on print money and they'll
37:06
be voted out. So I think you just have a much
37:09
foremast, stronger form of democracy based on with the
37:12
accountability. Yeah, yeah.
37:15
I mean it's look when you take away their ability to print
37:19
money, Any. Right?
37:20
If we if we transition to a Bitcoin standard, right.
37:23
What is their only mechanism which to raise more funds is
37:26
direct taxation? Yeah, good luck.
37:29
You know, if it's some crazy idea that they get away with now
37:32
because they have a money printer.
37:34
I totally agree with that. I want to talk to you about and
37:37
I'm sure you know based on, you know, the interviews that you do
37:40
Peter, you definitely have a look into this.
37:45
You've definitely spoken to nollie, smolenski, David cell,
37:48
Jason Brett, all those amazing. In people, we know right now at
37:52
least in the United States operation chokepoint 2.0, you
37:56
know, Caitlin Long's bank. Got, just got denied, the
37:59
Federal Banking Charter, we're definitely entering the then
38:02
they fight you stage. It's clear and present its light
38:07
as day. But what kind of bothers me a
38:09
little bit specifically in the developed world where the bread
38:12
and circuses are strong, just like the average everyday
38:16
person, just does not give a fuck to be perfectly Frank.
38:20
Rank. Yes.
38:21
Up man. What is bread?
38:24
And circuses mean, I've never heard that to bread and circuses
38:27
is like, what the old Roman emperors used to do until like
38:31
just distract the people distract the public, you know,
38:34
if there was like they were going through economic hardship
38:37
that the the emperor would just, you know, they would give out
38:40
free bread, it would throw it out and then they would throw
38:42
circuses, they would have the Gladiator games.
38:44
So that's where that expression comes from.
38:46
So what I mean bread and circuses, I mean, Freddie as you
38:51
Yeah sure you bi and then also, you know, Netflix and chill.
38:54
And like, you know, all these, all this luxury that we have in
38:57
the west that, you know, the global South, you know, people
39:01
are really worried about putting food on the table.
39:03
So for them, if they, if the guy in the suit on TV goes out and
39:08
says, hey, you have to use my Central Bank, digital currency.
39:12
They don't take that guy, seriously, because it's just a
39:13
matter of. Can I put food on the table, can
39:15
I not put food on the table and Bitcoin can give me the ability
39:19
to be able to Vide for my family versus in the west you know I
39:23
think we're spoiled. Alex gladstein wrote a book
39:25
about it, right? Yeah.
39:27
Financial privilege, right? Technical Financial reform,
39:29
check your financial privilege. Right?
39:31
So what do Nick, have you seen my pin?
39:34
Tweet with, let me go check it right now.
39:38
Let me say this, not might, they told the mayor get my life.
39:45
I mean, it's interesting. It's interesting, right?
39:48
Because the I would say the u.s. is more, it's definitely more,
39:53
right? Wing in the European sense and
39:55
then you're up like, culturally I think is is more left-wing in
40:00
the American sense. So, I want.
40:02
But why do you bring this up? So could you see?
40:04
You said, like people don't give a fuck right?
40:06
And so when I'm trying to make this show, I'm not making it for
40:12
bitcoiners, right? I'm making it for people who
40:16
aren't bitcoiners. And so I'm very, very careful,
40:20
Careful, the line I tread and the things I talked about
40:24
because what I don't want people thinking is oh look at that.
40:27
Some crazy Alex Jones motherfucker, he's just some
40:30
crazy conspiracy theorist, I can see the world.
40:34
I've, you know, I've looked through, I've looked behind the
40:37
veil. I see what's going on.
40:38
I understand it. You understand everyone else
40:40
understands it. But yeah, if I get on the pub
40:43
with my mates and Bedford, I'm like Lads.
40:45
Listen here, s, get the beers. I've got to tell you something
40:47
mad, right? Basically.
40:49
We're To go into a desk file where we could hit a hundred
40:52
percent inflation. And that basically means all
40:54
your money is going to be wiped down the reasons why it does
40:56
because because, you know, we are run by corrupt politicians.
41:02
What we really need to do is bring down the government
41:04
because they're going to bring in the CBD season.
41:06
The CBD seas are going to be a surveillance tool to thank my
41:08
amazing. Be like what the fuck you want
41:09
about pu mad as like? No.
41:11
No. You need to listen to me, trust
41:13
me. You need to listen to me.
41:14
This is coming, we're gonna be like China.
41:16
They think I'm mad, so I'm always trying to put the content
41:19
in a way. Which is digestible relatable
41:22
people can understand, which is why I'd much rather talk to Al
41:25
in Orden. Then then the say feeding, I do
41:28
want to be there shouting at somebody because they've had a
41:30
seed oil or they ate some fucking broccoli, I want
41:33
somebody who understands the economy, you know, you can
41:35
explain it like a rational, normal person would just give
41:38
them real world examples, so it's really hard to get across
41:43
to people, but you have to make it relatable.
41:44
And you have to do at a time when it's hitting them hard,
41:47
when like they're feeling the pain, which is Right now, so you
41:51
can win that. We've just got inflation today.
41:53
Drop down to tempers, it dropped to 10% in the UK, the still
41:57
hurting people. So they're people who are ready
41:59
to be spoken to have this stuff explain to them.
42:01
You could explain it in a way that they can just taste it a
42:04
little bit, but get a little bit of understanding, which is why
42:08
non Bitcoin shows are important, which is why Bitcoin breaking
42:11
into Rogan or Tim Paula's important because you've got,
42:14
you've got a much bigger audience who are now ready for
42:17
this. It's very hard to get some
42:20
They're gonna listen to a Bitcoin show week in week out.
42:21
They've got a fully by into the shit that's really, really hard.
42:25
Yeah. No, it totally and it's actually
42:28
really fascinating. You say that because that's
42:30
actually a philosophy that we do this concept of the Overton
42:33
window, right? The Overton window for vast,
42:36
majority of society, like the normies, the idea of just self
42:41
custody and Bitcoin is still radical.
42:43
Right? And then you and then it's
42:46
exactly what you said. If you bring up if or if You're
42:50
if the specific language that you're using, right?
42:54
Is perceived as radical. The moment you're labeled a
42:57
conspiracy theorist like it's done and dusted your over.
43:02
So we know I you know, we know exactly what you're talking
43:07
about when you say that. So basically, I'm going to show
43:13
you a really cool tweet Lubbock Texas, I went to a really cool
43:20
hotel, love it, that, you know, Lubbock Texas has does not say I
43:25
know taxes, but I don't know. Lubbock, Texas.
43:27
Yeah. Auntie could you pull that up?
43:36
Thank you, sir. The Overton Hotel window.
43:43
So I stayed at the Overton Hotel.
43:48
The Overton window move for me there was it.
43:53
Okay so you know what I'm talking about?
43:55
Yeah, cool to know you talking about man.
43:56
Yeah, it takes time and you know, like somebody in your ego
44:00
proof-of-work said, I stopped trying to appease the normies,
44:03
who cares, what they think? Because I care, you know, I
44:05
really fucking care and I care because people are getting
44:07
crushed and then don't understand why and like, my
44:09
friends are getting crashed. And my family is getting I like
44:12
I worry about them. And so we can we can do all this
44:17
because Going to stalk into Bitcoin is about Bitcoin.
44:19
Yeah, it's great. Cool.
44:20
Alright, we will get it so we'll just go around in the circle or
44:23
we can go and try and reach as many people as possible to
44:25
understand this. And so that's what I'm trying to
44:28
do. Not always trying to think of
44:29
how can I do it in a non-threatening way and one of
44:32
those ways for me football, I have a football team.
44:34
People come down, there was a game of football and a little
44:36
bit about Bitcoin and that's cool.
44:39
Yeah, I mean it's about breaking the Bitcoin, I could chamber and
44:43
a lot of bitcoiners between content creators.
44:46
It seems lost. To us.
44:47
But we're talking in an echo chamber.
44:50
We were talking to each other to people that are already orange.
44:53
Pilled the next big lift is breaking through.
44:57
We say, on the show is baking breaking making the Bitcoin
45:01
ethos, or taking the Bitcoin ethos and pushing it into
45:05
mainstream Consciousness and that hasn't happened yet.
45:08
And I think that needs to happen, especially because I
45:13
think governments know what's going on, I think we're in a
45:15
Race Against Time. I think they're going to try to
45:18
roll out the cvtc's as fast as humanly possible because I think
45:22
they see the writing on the wall.
45:23
I think El Salvador puts the fear of God in them.
45:26
I think it shakes them to their core, you know.
45:29
It just embarrasses. These institutions that people
45:32
once thought were extremely powerful like the IMF.
45:34
Yeah, man. Listen piece actually sound like
45:36
a crazy conspiracy theorist and yeah.
45:41
So I'm with you. I think the really interesting
45:45
thing about El Salvador Is if they get through this next cycle
45:49
and Bitcoin does what it does, the that all that Bitcoin the
45:53
bouquet Deport is going to be in the green.
45:55
We've got sailor back in the green now - in the green and you
45:59
know be kind as a 3/4 x actually massively in the green and some
46:02
people are going to be saying a holy shit like the Katie was
46:05
right? Maybe we were all wrong.
46:06
Maybe we should take a look at this or what you mean?
46:09
Crime is down in else. Look, big, but Katie doesn't
46:13
definitely has some authoritarian Tendencies.
46:16
He's definitely Found a way around the Constitution to run
46:20
for another election. But at the same time, crime is
46:25
massively down in the country. Tourism is up.
46:29
Productivity is up and they hold a shit-ton, a Bitcoin few years
46:33
time. I'll be like, oh, you know what?
46:34
This dude was. Right?
46:35
This guy, this guy fundamentally change this country time will
46:38
tell. We're going to see.
46:39
Now when times are hard, when when the, when the lecturer
46:44
against him what he does, but at the moment, he's a, he's a
46:48
threat to everyone else. Yeah.
46:51
Yeah. So yeah, him and Michael sailor
46:55
in name, OK. On the nation state level and
46:57
then Michael sailor and the public company front, they'll be
47:00
totally Vindicated. And I think it'll be very hard
47:03
for the Legacy corporate media to try to spin it or try to
47:09
counter that it just will be undeniable at that point.
47:12
And that's actually something that I want to talk to you
47:14
about, right? Which is we're kind of
47:16
witnessing. The death of these Legacy Media
47:22
institutions that people really confided in for decades and
47:27
decades and decades and decades. And they don't even I just don't
47:32
personally, I just don't think they know how to react to the
47:34
internet. They've never been in a
47:35
situation where they could say their line and then immediately
47:41
someone's able to respond back, you know, not only just someone
47:45
like thousands and thousands of people respond back.
47:47
Look, you're lying. You're this is bullshit, right?
47:51
Yeah, I saw a really strong tweet by Jack the sobic and it
47:55
was many many, I think it was like, last year, a couple months
47:58
ago and it really stuck by me and said, if social media
48:01
existed in 2003, would we would have not have gone to war with
48:04
Iraq of and then? Yeah.
48:07
Of course we would have, of course.
48:08
Wow, maybe we would have those motherfuckers but I think it
48:12
would have been a better defense.
48:13
Listen a million people marched against the Iraq war in the UK
48:16
or the log. Largest protest, the UK has ever
48:19
seen. We had Claire short and hooked
48:22
remember with the others, but we had like a number of politicians
48:25
stand out and say I cannot, I cannot stay in Parliament.
48:28
I cannot stand the benches. Now, after this, we still went
48:31
to, we still work toward Iraq. So look, he's, he's hoping or
48:37
he's it's a thesis, he has, you can't prove it right or wrong
48:41
but I think he's got an interesting point.
48:46
I think we're seeing a seismic shift change in media politics,
48:54
and governance and, and, and the money we see not, we live in,
49:00
would like it the front lines of and living through it.
49:02
I'm here for it, but at the same time, I'm apprehensive about
49:07
what it actually means. There's no smooth path through
49:10
this. Yeah, it's going to be rough for
49:13
some people. I just made a show with Luke
49:16
moment where he's talking about a hundred percent inflation in
49:19
developed Western Nations. It's going to be rough for
49:21
people. We're going to see these media
49:25
organizations like the New York Times constantly fight back
49:28
published bullshit. We're going to see a lot of
49:29
this. We're going to see people, maybe
49:31
you'll get attacked, maybe I'll get attacked.
49:34
It's going to be rough, man. I definitely feel that.
49:38
We definitely feel the storm clouds.
49:40
So we have a slightly Different show.
49:42
Formats are you focused mostly on the interviews?
49:44
And then we are basically a daily news show.
49:47
Basically it will cover a bit of culture, so we're slaves to the
49:49
news cycle. We see the ominous clouds in the
49:52
Horizon, just getting closer and closer and closer because we're
49:55
forced to cover all the news on a daily basis, or as we would
49:58
just won't, do a good job and I make a joke to Opti all the time
50:02
Peter I say, we're going to try to hold it down in the US.
50:06
But if all else fails were, most likely going to have to move to
50:08
El Salvador. I say kidding.
50:10
But at the same Same time, there's a part of me that's like
50:14
I think bitcoiners I think politicians are going to use
50:16
Bitcoin ER at Bitcoin as a scapegoat to the collapse of the
50:21
Legacy Financial system potentially.
50:26
We've already seen it. We've already seen, I think, was
50:28
it Lizabeth? Warren the says crypto, you
50:31
know, is a risk to the contagion risk from crypto is too high and
50:35
now. Yeah, they had, by the way, did
50:37
you see what the genzler you seek answers first, he was
50:40
shaking. It was great.
50:42
Yeah. Shaking that I mean we're in
50:45
Davis and went after him hard as well.
50:46
The he was a dude with the bow tie.
50:48
That's the that's the, the head chairman and his name slips.
50:52
My mind up the I don't know if you want to pull that up.
50:55
Yeah it was awesome but listen McHenry mr.
50:58
McHenry and read that was great. I mean example going to be
51:01
scapegoated that they'll blame every Elizabeth.
51:03
Warren will blame everyone and everything apart from herself,
51:08
everyone and everything they will they don't want it.
51:11
They don't want to lose the status quo, every one of them's
51:14
worth tens of millions. How did they make all their
51:17
fucking money? I mean, how much no one else is
51:20
that, right? How what, how did Nancy Pelosi
51:24
make hundreds of millions? How did was come?
51:27
Have a look, my hand. I'm going to do is it Nancy?
51:31
Elizabeth Warren, net worth. What does it say?
51:38
She say, I see a little minion, it as two thousand, nineteen
51:44
sixty seven million. He said, yeah how she made 67?
51:48
Millions been a career politician.
51:51
Amazingly close to the money, spigot go to the money's bigger,
51:55
close to the decisions, close to the regulations.
51:59
These motherfuckers know what they're doing, Nico, yo, they do
52:02
what they're doing and they don't want to let go.
52:04
They want to give up this party. I mean, I mean, like, well,
52:09
what's the, what's the quote, right?
52:11
Absolute power corrupts. Absolutely.
52:13
The power, corrupts absolute power corrupts.
52:14
Absolutely, exactly. So I mean, I tweeted this out
52:18
the other day, which is no one deserves the power of the money
52:21
printer. And I think that anyone, any
52:24
human being, if you had the power to create money for free
52:28
that everyone else, He's had to work for even even if you think
52:31
you're going to use that system for good intentions.
52:34
I think it would corrupt you and I think that's what's happened
52:36
with all these people. I truly believe Elizabeth
52:38
Warren. Think she's doing, what's best?
52:41
Yeah, so I'm in question that scenario are they, is she post,
52:49
rationalizing, is she scheme in? You know what's really going on
52:55
that? I just out of it.
52:59
Fuck more. You think she's twirling your
53:03
mustache is like I mean, she doesn't know.
53:08
I mean I just I just think I can understand how she gets Bitcoin
53:12
wrong, right? If you go on her website, you go
53:15
on her re-election website and you want to contact her.
53:19
There's so many different reasons.
53:21
You can contact all the different policy things she has
53:24
to have an opinion on. There's no way she can sit there
53:28
and do the work. Work on all of those.
53:29
We do one subject in this Bitcoin.
53:31
A, we get it right? What?
53:32
I get a little bit. You probably get a more but
53:34
that's what we do. She has hundreds of subjects.
53:36
Yes to understand. So really she has to have staff
53:38
that's who do a lot of that work.
53:40
For a lot of people get Bitcoin wrong.
53:43
The first time, A lot of people are convinced that it's bad for
53:45
the environment. A lot of people think is used by
53:48
terrorists and drug dealers. It's is understandable that she
53:52
gets something like that wrong, right?
53:54
You can, you can, you can justify it by saying just how
53:57
busy she is and what she's got to do.
53:59
Do what you can't understand what you can't agree with is
54:04
having that not having that wider net, understanding of how
54:09
bad the money printer is yeah. You've got leading economist
54:14
Telling you exactly why this is happening.
54:16
Yet you continue on that gravy train and they continue on it
54:19
because like you say the nearest bigger.
54:21
So there's the bigger things, you can't understand.
54:23
I can understand why she gets Bitcoin wrong.
54:26
Yeah, but you can understand like you know and I'm glad that
54:30
you brought that up because it was all the Tells, right?
54:33
It was literally you know, the first they started with the
54:37
environmental Fudd. Okay.
54:38
Give them the benefit of the doubt, they care about the plan
54:41
and etc. Etc.
54:42
But the tell was when bitcoiners fought back not in the kinetic
54:49
sense, but no great reports are written out, right?
54:53
And they were given and then A narrative State exactly the
54:56
same. It's like they just completely
54:58
ignored the reports. It's like what it's almost as if
55:01
they weren't really concerned about what was true or not.
55:05
You notice what's in this with Warren is the motherfucker wrote
55:07
it for New York Times was his name Cabrio, Gabriel something
55:11
so, so Elizabeth Warren is told the opinion.
55:15
She should have Ryan. She that's just the way it is.
55:17
Yes, you should understand more. He is a journalist Yeah.
55:22
Sorry say that again. He is a journalist.
55:26
His job is to go out and fully understand the subject of report
55:30
on it and be as balanced as possible.
55:32
Speak to both sides and he just he he either, he's either an
55:37
idiot. We straight up lied.
55:41
Yeah. So, which is it, but he spoke to
55:44
a lot of people in Bitcoin, he spoke to Troy cross.
55:46
He spoke to her. He speaks of Margo, he spoke to
55:49
a lot of people and he's straight-up lied and so he had
55:53
one job to do on that article was to tell the truth.
55:56
Not to tell a pro Bitcoin story and not to not to spread Fudd
56:00
just to tell the truth. Yeah.
56:01
Be really honest about this. Explain what's going on?
56:04
Yeah, Bitcoin miners, do use a lot of energy for some of this
56:08
yet 13 years old and it might go up more.
56:11
He can say that and he can say that there are miners who have
56:15
restarted coal plants and that isn't good.
56:17
You can say that but he should also say, let's look at the
56:20
balance. Let's look at this compared
56:22
Evie's. Let's actually objectively
56:25
compare Evie's to bitcoin miners.
56:26
Let's talk about. Okay the trade-offs.
56:28
Okay yeah Bitcoin miner use a lot of energy but also this is
56:31
providing a tool to people live under authoritarian regimes,
56:34
provide something to activist is helping people in various other
56:37
parts of the world. Just tell an honest and balanced
56:40
story. They didn't and the New York
56:42
Times haven't responded The Spectator.
56:44
Did a fad article a couple years ago and I wrote to the editor
56:46
and he said, okay, you can write a reply and they published my
56:49
piece. That's that's where you got to
56:52
respect. Someone, you got a key, you gave
56:54
someone the right replied. The New York Times is a
56:56
propaganda machine mmm-hmm, and they have a history of it, too.
57:00
They covered. They covered up the Ukrainian
57:03
Holocaust. Basically, they sold the
57:06
American public on. Weapons of mass destruction.
57:08
It is 100%. A propaganda piece.
57:11
And when You said journalists Peter, I think independent
57:14
content creators are truly the journalists of these times.
57:18
I don't think journalists from these large corrupted
57:23
institutions that you can even make.
57:25
The argument are benefiting from the money spicket or close to or
57:29
being or owned by people that benefit from the money spigot.
57:33
I think it's really the rise of the individual content creator.
57:36
That is that I think you're going to see more journalistic,
57:40
Integrity from the I you know in his basement with a microphone
57:44
and a camera then you know these so-called institutions that are
57:49
supposed to be telling us the truth and I think more and more
57:51
people are waking up to that reality.
57:52
Yeah. But that's a double-edged sword
57:54
as well and I think people have to be careful that as well
57:56
because the guy in his bedroom with a microphone is a is that
58:02
it's acceptable to audience capture.
58:04
I've seen that happen, I think Tim pours completely captured by
58:06
his audience, think he's absolutely captured by his
58:09
audience because that's what pays Bill's, you know, if you if
58:13
you're making a shower or podcast, your goal is downloads.
58:16
You have that objective out there.
58:17
Not everyone does is of course, but a lot of people, they'll
58:20
make a certain kind of shows are holy shit.
58:22
That show did really well, we'll make more of that.
58:24
All right? Yeah, yeah, we'll get more
58:25
sponsors. So, yeah, you can get totally
58:27
audience captured as an individual.
58:29
Also fact-checking as an individual is hard.
58:32
Now, there are even in within the worst Publications, they're
58:36
really good journalist. They're really good journalist,
58:38
at work for the BBC. Whatever you think of them,
58:40
there are really good job. See whether they're really good
58:42
journalists, that probably probably some good people who
58:44
work in the New York Times or at least joined it with the right
58:47
intentions and then got corrupted in there.
58:49
But so so the independent can also be corrupted.
58:53
So we just have to be careful about bad.
58:55
That now I think there's certain people out there have done a
58:57
brilliant job I think. Yeah, almost everyone in
59:00
Bitcoin. Does a great job.
59:01
Of course, Joe Rogan to me is the beacon of this because he is
59:06
not captured by audience some time at like it.
59:09
I don't agree with them all the times.
59:11
Sometimes he agrees with Biden, sometimes you agree with a
59:14
republican. All I know is with that guy.
59:17
When he says something you trust, he saying that because he
59:19
thinks it and we need more people like that.
59:22
Yeah, no, I agree. And I think, you know, the
59:25
beauty of the free market is, I think that those people that are
59:28
authentic, because I think the internet has a very, very
59:32
effective mechanism of sniffing out on authentic - I think those
59:37
people will rise. I mean, that's not entirely true
59:40
either, is it? Yeah, yeah, I agree.
59:44
I don't think there is a perfect solution to this.
59:45
Anyways, he's finding truth is the hardest job in the world.
59:49
Yeah, it's I don't know anymore. There's certainly many more.
59:52
I'm not a fucking, I don't know. I mean I'm pretty convinced that
59:57
Putin is a psychopath who invaded a sovereign country.
1:00:02
He's got his troops out there, murdering raping killing people.
1:00:07
I'm pretty sure that and I'm pretty sure he's put bullets in
1:00:10
the head of Well, I'm pretty convinced that there's little to
1:00:14
no democracy in there. He's assassinated people in the
1:00:17
UK. Yeah, you know, he was in the
1:00:21
valley. He tried to assassinate on a
1:00:22
plane with poison T. I'm pretty sure all that's true.
1:00:25
But I also don't know. I don't know zalenski.
1:00:28
I don't know his background. I don't know if he's a good guy
1:00:31
or bad guy. I don't know if I don't know
1:00:34
about the agreements to that NATO had with you.
1:00:38
I just don't know what this stuff.
1:00:39
I think. I don't know.
1:00:41
I don't know. The truth is so hard to find it.
1:00:43
Yeah dude. Holy cow.
1:00:45
It is definitely. Definitely some interesting
1:00:49
times are heading into Peter. This has been an absolute
1:00:52
pleasure, man. Thank you so much minded.
1:00:54
You comes Miami. Yes, I live in Miami.
1:00:57
So I will be here. Did I know that?
1:01:00
I don't think so. I don't think so.
1:01:01
Man. I'm going out loudly.
1:01:02
I'm gonna be that from the fifth, okay.
1:01:04
Hope to see you. I'll be at the conference and
1:01:06
then I'll be holding it down and analysts desk at the conference.
1:01:09
And then, I'll be speaking at the thank God for Bitcoin as
1:01:13
well. So we could see one of these
1:01:16
would be exact. You know what, we got to be
1:01:17
careful, Full of what Tatum Tatum's blown up.
1:01:20
Man, I love tato man Tatum's and man fuck Tatum five years Tatum
1:01:27
for five years. I try to get Dorsey.
1:01:29
He turns out with to a six and like within six months you've
1:01:31
got more tea. It's the to Asics bro.
1:01:34
It's a to a six-man. Fucked him to a 6.
1:01:38
Anyways. All right Peter I really
1:01:40
appreciate it bro. Peace out man.
1:01:42
Anytime Alright everybody, thank you so much for tuning in to
1:01:46
another episode of Simply Bitcoin IR.
1:01:48
L will be back tomorrow 12:15 p.m.
1:01:50
Eastern Standard Time for the live show.
1:01:53
I'll catch you guys on the next one.